10/13/2015
OCBC Group says it expects its wealth management business to stay resilient, despite external headwinds, and is projecting continued annual double-digit growth for its assets under management.
10/13/2015
OCBC Bank expects China to continue to be a key driver of the group's wealth management business, particularly given the country's plans to further deregulate its capital markets.
10/11/2015
A source said the bank is expected to slash about 1,000 positions, with redundant employees to be notified by the end of next month.
10/10/2015
The company has no assets.
10/09/2015
Russell Investments will become the 20th fund management firm TA Associates has owned since 1993.
10/08/2015
Europe is not the only destination for Fosun, which has invested more than $5 billion in the United States and $500 million in Japan.
10/07/2015
Foreign banks are competing with local lenders to manage the assets, seeking to generate higher fees as low interest rates depress their income from loans.
10/07/2015
Firms that offer private bank services but with upfront fee disclosure are taking root in Hong Kong.
10/06/2015
Nippon Wealth has formed a structure for banking and securities services in Hong Kong and will start full-scale operations on October 12, 2015.
10/05/2015
No one represents Hong Kong rags-to-riches more than Li Ka-shing.
10/05/2015
Thiam began a strategy review after taking over on July 1 and signalled he wanted to focus on banking for the world's wealthy, particularly in Asia, and move away from riskier securities.
10/05/2015
Asian money today accounts for a far greater proportion of capital in global property markets than a decade ago – and the flow does not appear to be abating, particularly into prime assets in tierone cities.
10/05/2015
The list would be published by the Swiss Banking Ombudsman after compiling information from all Switzerland- based banks
10/05/2015
Millionaires are not hard to come by in Hong Kong, so the recent wild ride in global stock markets has thrown up serious challenges for what is a reasonable-size chunk of the population.
10/05/2015
Credit Suisse is currently the fourth-biggest global player in private banking
10/05/2015
Showcases seven remarkable philanthropists making a significant difference in the world
10/02/2015
Wealth managers are looking to attract young professionals earning more than S$6,000 a month, hoping that as their careers develop, they will eventually upgrade to more premium banking services.
10/01/2015
The fund, which will track a hedged version of the CSI 300 index, will mitigate its exposure to the Chinese currency using one-month forward contracts on offshore-traded yuan.
10/01/2015
Julius Baer is Switzerland’s third-largest asset manager behind UBS Group AG and Credit Suisse Group AG
09/30/2015
St James’s Place has faced many challenges in new international territories which have provided the blueprint for further overseas expansion, says its commercial director Iain Rayner.